Inflation Rate 2024 South Africa 2024 Inflation

Inflation Rate 2024 South Africa 2024 Inflation. South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.

The rate has held its ground between 5% and 6% since. Annual consumer price inflation pulled back in december, easing to 5,1% from 5,5% in november and 5,9% in.